TotalEnergies said it agreed to sell a 50% stake in European onshore solar and wind assets to private-equity firm KKR.
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The private-equity giant and co-investors would take a majority interest in a firm long resistant to outside ownership.
Shares in Swiss private-markets firm Partners Group are tumbling after it capped withdrawals from its Global Value SICAV fund, citing a jump in investors looking to pull out. The move came just a day after, Cliffwater limited withdrawals from its flagship private credit fund after more investors headed for the exits, the Journal reported.